Category Archives: Collapse

Be A Rooftop Korean, by Kurt Schlichter

When the shit really hits the fan, you’re going to want guns, lots of guns. Just ask anybody who was in LA for the Rodney King riots (I was). From Kurt Schlichter at theburningplatform.com:

Be A Rooftop Korean

We should all be ready to do our duty as American citizens and, when duty calls, each of us should embrace our inner Rooftop Korean.

The year was 1992, 27 years ago right about now, and the city was Los Angeles. Several police officers who got into a videotaped brawl with a petty criminal named Rodney King were acquitted of beating him up. The city exploded. It was chaos.

I was a first-year law student, back a year from the Gulf War, and I had just joined the California Army National Guard. My unit was the 3rd Battalion, 160th Infantry, and we got called up early the first night and were on the streets for three long weeks. Making it even more delightful was the fact that the unit was in Inglewood, which was pretty much on fire. They burned most everything around, except our armory – that would have gone badly for them – and the Astro Burger.

My battalion commander grabbed then-First Lieutenant Schlichter, and we went all over the city in his humvee as he led his deployed and dispersed troops. Our soldiers came, in large part, from the areas most effected by the riots, and they were notably unpleasant to the thugs and criminals who quickly discovered our guys had no patience for nonsense. One dummy discovered that the hard way when he tried to run over some Guard soldiers from another battalion; he had a closed casket funeral.

The city went insane. Order simply ceased to exist. It was Lord of the Flies. I remember a cop totally breaking down because everything was completely out of control.

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Weeping for Notre-Dame, by Guillaume Durocher

Notre-Dame is a symbol of fast fading Western civilization. From Guillaume Durocher at unz.com:

The recent fire which destroyed much of the Notre-Dame Cathedral in Paris has led to a great outpouring of emotion. Social media were also ablaze and the government was quickly able to raise a €1 billion in donation pledges to rebuild the iconic monument. Some people I know were quite affected by the sight, being practically reduced to tears. Others were less moved. Quite a few people have been indignant about the money raised: Why not spend such sums on poverty or the environment rather than a mere pile of stone? One person even joked that the edifice should be razed to the ground to make way for something new.

Yet, Notre-Dame resonates. Partly, no doubt, for shallow reasons: Paris is the most-visited city in the world and Notre-Dame is one of the City of Light’s most-visited attractions. As such, millions of frequent-fliers, however godless or anti-Christian they might otherwise be, feel some emotional connection to this great cathedral.

And yet, I think there is something more. Notre-Dame is simply and objectively a national and earthly masterpiece: the intricately semi-controlled chaos of the the Gothic, the delicacy of “stone made into lace” (in the words of Jean-Yves Le Gallou), those gloriously Christian and European luminous flowers of stained glass, so suggestive of the transcendent . . . all this expresses, more viscerally and better than any book, the best that the French soul has had to offer to the world. Notre-Dame is a collective work of art, meticulously built up and maintained from generation to generation.

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Every liberal city in America is headed toward Venezuela… get out while you can, by Mike Adams

Liberal policies turn great cities into shitholes. From Mike Adams at naturalnews.com:

Image: Every liberal city in America is headed toward Venezuela… get out while you can

Liberal cities across America are collapsing into Third World status. It’s not just the fact that San Francisco’s streets are now littered with drug needles and human feces, either. Seattle is also collapsing into rampant homelessness and drug addiction, creating an entire class of impoverished, homeless residents who are breeding grounds for HIV and other infectious diseases.

Yet Seattle’s liberal city leaders — like all “progressives” — are unwilling to take any action to resolve the problems in the first place. Instead, they enact new policies that make the problems worse while calling it “progress.”

Local reporter Eric Johnson recently released a documentary called Seattle is Dying which dared to document the city’s collapse into Third World status. (See video below.) But instead of working to resolve the root of the problem (i.e. brain dead liberal economic policies that always lead to destitution and collapse), the city’s elite have launched a P.R. campaign to brainwash local citizens with engineered happy messages that are dutifully broadcast by local news networks.

As Seattle’s City Journal reports:

Earlier this month, leaked documents revealed that a group of prominent nonprofits—the Bill & Melinda Gates Foundation, the Campion Advocacy Fund, the Raikes Foundation, and the Ballmer Group—hired a PR firm, Pyramid Communications, to conduct polling, create messaging, and disseminate the resulting content through a network of silent partners in academia, the press, government, and the nonprofit sector. The campaign, #SeattleForAll, is a case study in what writer James Lindsay calls “idea laundering”—creating misinformation and legitimizing it as objective truth through repetition in sympathetic media.

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The Martyrdom of St. Julian, by Dmitry Orlov

If the US executes or puts Julian Assange away for the rest of his life, Assange will not have outlived his usefulness. He will become a full-blown martyr to the cause of truth. From Dmitry Orlov at cluborlov.com:

News of the arrest and imprisonment of Julian Assange has probably reached you by now, but, just in case, here is a recap. Julian Assange is an Australian journalist; as such, he is a towering giant among a tiny cluster of midgets. Google “great Australian journalists” and you get him and a bunch of people nobody has ever heard of, many of them already dead.

He is a towering figure outside of Australia as well. While other Western journalists run around trying to please their owners, sell advertising space, or struggle to avoid getting banned by the all-seeing eye of social media corporations, Assange has been both principled and fearless. Through his media outlet Wikileaks he has laid bare the dirty secrets of the US State Department and the war crimes of the Pentagon, corporate malfeasance and political corruption, hanging out for all to see the dirty laundry of many powerful and influential people. This made him a cause célèbre: Time Magazine pronounced him Man of the Year and he received human rights awards, standing in the same pantheon as Nelson Mandela and the Dalai Lama. But such are the vicissitudes of fortune that now he is being martyred—a sufferer for the truth, unjustly accused and persecuted by a doomed race of inveterate liars.

This was inevitable. In the process of publishing evidence of dirty secrets and war crimes he made plenty of powerful, influential enemies, and they eventually scared up some false evidence to use against him. In 2012, faced with the unenviable fate of being extradited from the UK to Sweden, there to be humiliated before a Swedish kangaroo court, Assange opted to enter the Ecuadoran embassy in London, where he spent the next seven years living in a small room. It was, in essence, a form of solitary confinement, which is commonly considered to be a form of torture.

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The US Government Debt Crisis, by Alasdair Macleod

There’s no way out if the debt hole the US government has dug itself. From Alasdair Macleod at goldmoney.com:

This article explains why the US Government is ensnared in a debt trap from which there is no escape. Its finances are spiralling out of control. In the context of a rapidly slowing global economy, the budget deficit can only be financed by QE and bank credit expansion. Do not draw comfort from trade protectionism: it will not prevent the trade deficit increasing at the expense of domestic production, unless you believe there will be an unlikely resurgence in personal saving rates. We can now begin to see how the debt crisis will evolve, leading to the destruction of the dollar.

Introduction

At the time of writing (Thursday April 24) bond yields are crashing, the euro has broken down against the dollar and equities are hitting new highs. Obviously, equities are taking their queue from bonds. But bond yields are crashing because the global economy is sending some very worrying signals. Equity investors will be hoping monetary easing (which they now fully expect) will kick the can down the road once again and economies will continue to bubble along. They are ignoring some very basic economic facts…

Regular readers of my Insight articles will be aware of strong indications that the expansionary phase of the credit cycle is now over, and that we at grave risk of falling headlong into a global credit and systemic crisis. The underlying condition is that economic actors and their bankers accustomed to credit expansion are beginning to realise the assumptions behind their borrowing commitments earlier in the credit cycle were incorrect.

That’s why it is a credit cycle. It is driven by prior credit expansion which corrals all producers into acting in an expansionary manner at the same time. Random activity, the condition of a true laissez-faire economy, ceases. Instead, credit conditions act on profit-seeking businesses in a state-managed context. Entrepreneurs take the availability of subsidised credit to be a profit-making opportunity. The same cannot be said of governments because they do not seek profits, only revenue.

If a government acts responsibly it should never have to borrow, except perhaps in an emergency, such as to defend the country against invasion. The evolution into unbacked fiat currencies has changed all that by permitting governments to finance themselves through the printing press.

There is only one way a government funds the excess of spending over tax revenue without it being inflationary, and that is to borrow money from savers. There is a downside to this. The government bids for existing savings, including those held in pension and insurance funds, diverting them from other borrowers. In the 1980s this was described as “crowding out” other borrowers and had the effect of increasing interest rates to the point where these other borrowers stop borrowing. In the post-war years, this has been the consequence of spendthrift socialism.

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The Burning of Notre Dame and the Destruction of Christian Europe, by Guy Millière

“Official” Western Europe, and France in particular, no longer even want to recognize that Christianity exists. From Guy Millière at gatestoneinstitute.org:

  • Barely an hour after the flames began to rise above Notre Dame — at a time when no explanation could be provided by anyone — the French authorities rushed to say that the fire was an “accident” and that “arson has been ruled out.” The remarks sounded like all the official statements made by the French government after attacks in France during the last decade.
  • The Notre Dame fire also occurred at a time when attacks against churches in France and Europe have been multiplying. More than 800 churches were attacked in France during the year 2018 alone.
  • Churches in France are empty. The number of priests is decreasing and the priests that are active in France are either very old or come from Africa or Latin America. The dominant religion in France is now Islam. Every year, churches are demolished to make way for parking lots or shopping centers. Mosques are being built all over, and they are full.
The fire that destroyed much of the Notre Dame Cathedral in the heart of Paris is a tragedy that is irreparable. Even if the cathedral is rebuilt, it will never be what it was before. (Photo by Veronique de Viguerie/Getty Images)

The fire that destroyed much of the Notre Dame Cathedral in the heart of Paris is a tragedy that is irreparable. Even if the cathedral is rebuilt, it will never be what it was before. Stained glass windows and major architectural elements have been severely damaged and the oak frame totally destroyed. The spire that rose from the cathedral was a unique piece of art. It was drawn by the architect who restored the edifice in the nineteenth century, Eugène Viollet-le-Duc, who had based his work on 12th century documents.

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The Contrived Assange Debate, by Donald Jeffries

Is Trump’s attitude towards Julian Assange, Edward Snowden, and Chelsea Manning any different that anyone else’s in the Deep State? Probably not, which means Assange is doomed if he’s brought to the US. From Donald Jeffries at lewrockwell.com:

First, let me make it clear; I consider Julian Assange to be a heroic figure, a true journalist in an age when there aren’t many of them left. The fact that anyone considers him to be a traitor, and that he faces possible imprisonment, tells us all we need to know about the level of tyranny and corruption we face.

But Julian Assange isn’t perfect. He has said publicly that “I’m constantly annoyed that people are distracted by false conspiracies such as 9/11…” For someone who has exposed a good amount of deep state chicanery, Assange evidently hasn’t expended much effort at researching the absurd fairy tale of 19 crazed Arab hijackers.

Donald Trump, in yet another of the incalculable examples he’s provided to show that he’s a certified member of the swamp, laughably reacted to Assange’s recent arrest by saying he “knew nothing” about Wikileaks, and that it was “not my thing.” Trump claimed to “love Wikileaks” during his 2016 presidential campaign, and some have tabulated that Trump in fact mentioned it nearly 150 times.

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